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Posts Tagged ‘Diocesan Car Fund’

$600,000 GST debt sinks Diocesan Car Fund

Friday, August 24th, 2012

A special general meeting of the Diocesan Car Fund Trust, held in Wellington on Thursday, approved the trustees’ recomendation to wind up the trust. Around 60 people attended the meeting held in Connolly Hall to hear Trust Chairman, Brother Pat Lynch, Mr Michael Burrows, an independent lawyer from Burrows and Associates, and the Trust’s appointed Read more

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Diocesan Car Fund placed in voluntary administration

Tuesday, July 31st, 2012

Despite improved operational performance in the last 6 – 8 months, the Diocesan Car Fund Trust has been placed in voluntary administration. In a letter to members of the trust, the Diocesan Car Fund Chairman, Br Pat Lynch, told its members that the Trust is no longer a going concern, and it does not have Read more

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